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Rent/Lease 510 W 42nd St
Nearby Sublease office Spaces for Rent
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Nearby office Spaces for Rent
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Retail Spaces for Rent at 510 W 42nd St
Rent Retail 510 W 42nd St
| $ / SF | SF | Monthly Rent |
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| $ 168.0 | ||
| Negotiable |
Rent Medical Space at 510 W 42nd St
- Arup leased 12,701 SF at 155 Sixth Ave
- Greenwich Village High School leased 12,000 SF at 30 Vandam St
- Graphics Executions Inc leased 11,082 SF at 333 Hudson St
- Postworks New York leased 11,000 SF at 100 Avenue of the Americas
- M5 Showroom leased 10,842 SF at 174 Hudson St
- Moleskine America leased 8,337 SF at 210 11th Avenue
- Common Cause/NY leased 3,800 SF at 155 Avenue of the Americas
- Publicis Groupe leased 960,000 SF at 375 Hudson Street
- Pfizer leased 800,000 SF at 66 Hudson Boulevard
- 1199 National Benefit and Pension Funds leased 455,461 SF at 330 West 42nd Street
- Maserati of Manhattan leased 25,000 SF at 619 West 54th St
- New York Sports Clubs leased 22,206 SF at 225 Varick St
- Trader Joe's leased 19,000 SF at 233 Spring Street
- Bank of America leased 14,137 SF at 60 East 42nd St
- Brooklyn Fare leased 14,000 SF at 666 Greenwich Street
- Troy Halterman leased 12,000 SF at 200 Hudson St
- Cadence Cycling & Multisport Centers leased 11,000 SF at 174 Hudson St
- Film Forum leased 10,500 SF at 200 Varick Street
- Club Nebula leased 10,000 SF at 135 West 41st Street
- Blood Manor leased 9,000 SF at 163 Varick St
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Please notify me when a new space is available | ||
510 W 42nd St Property Overview
| Building Address: | 510 W 42nd St, New York NY 10036 |
| Building Name: | City Boutique |
| Zip Code: | 10036 |
| Neighborhood: | Midtown West/Times Square |
| Borough: | Manhattan |
| Stories: | 0 |
| Year Built: | 1960 |
| Building Class: | B |
History of 510 West 42nd Street, Manhattan, NYC
510 West 42nd Street, located in the Clinton neighborhood of Manhattan, was originally constructed in 1960. The building is classified as a Full Service Hotel (H2) and has a total floor area of 78,333 square feet spread over 3 stories. It sits on a lot measuring 24,850 square feet.
Over the years, the property has maintained its hospitality function and was known as the Cachet Boutique New York Hotel. In early 2024, Merchants Hospitality surrendered its $24 million ground lease controlling the hotel, indicating a notable change in the building's operational management.
Currently, the building is undergoing renovations as of 2025 to update and improve its facilities, continuing its role as a boutique lifestyle hotel. The renovations aim to enhance amenities including a fitness center, restaurant, patio, event spaces, and modern internet access, aligning with contemporary hospitality standards.
According to tax records, as of 2024, the building holds a tax assessor's market value of approximately $19.6 million, reflecting its established presence and value in the Midtown West area of Manhattan between Tenth and Eleventh Avenues.
510 West 42nd Street, Manhattan, NY 10036
| Property Type | Hospitality (Hotel) |
| Subtype | Full Service Boutique Hotel |
| Building Size | 78,333 SF |
| Year Built/Renovated | 1960 / 2025 Renovation |
| Hotel Name | Cachet Boutique Hotel NYC |
| Features | Fitness Center • Restaurant • Meeting Spaces • Boutique Hotel |
Leasable Retail Spaces
Space A: 3,692 SF + Basement
Space B: 9,334 SF (Former Playboy Club)
Surrounding Area: Hell's Kitchen • Near Times Square • Between 10th/11th Aves
| Tax Assessed Value | $19,610,000 |
| 2024-25 Property Tax | $949,044 |
Cachet Boutique Hotel Amenities at 510 W 42nd St, NYC
General Amenities:
- 24-hour Front Desk
- 24-hour Fitness Center
- Smoke-Free Premises
- Free High-Speed Wi-Fi
- Meeting and Banquet Rooms
- Luggage Storage
- Dry Cleaning/Laundry Services
- On-site Dining: Restaurant & Bar/Lounge
Leisure and Sports:
- 24-hour Fitness Center
- Sauna
- Jacuzzi
- Night Club (additional fee)
- Garden Area
Business Amenities:
- 24-hour Business Center
- Meeting/Banquet Facilities
Room Amenities:
- Premium Bedding
- Rainfall Showerhead
- 42-inch Flat-Screen TV
- iPod Dock
- Designer Toiletries
- Blackout Drapes
Other Features:
- No Pool (some reports may incorrectly list one)
- No On-site Parking (parking may be available off-site for a fee)
- Pets Allowed for Service Animals Complying with ADA
510 West 42nd Street, located in Manhattan's Hell's Kitchen neighborhood, is primarily associated with the Cachet Boutique Hotel. Currently, there is no specific information available about office tenants renting or leasing space at this location. The building is more known for its hospitality services and retail opportunities nearby.
The area offers convenient access to Times Square, Chelsea, and the Javits Center, making it a vibrant location for both businesses and tourists.
Neighboring retail businesses include Pets on Broadway, Drybar, and F45 Training, contributing to the area's diverse commercial landscape.
Internet Providers at 510 W 42nd St, NYC
Building Amenities: High-speed internet access & public WiFi available
Top Providers (Based on Manhattan Coverage)
- Verizon Fios - Fiber plans up to 2.3Gbps ($49.99+/mo)
- Astound Broadband (RCN) - 1.5Gbps fiber/cable ($35+/mo)
- Spectrum - 1Gbps cable ($40+/mo)
- 5G Home Internet - Verizon/T-Mobile (72-245Mbps)
Exact availability requires address verification with providers.
Location: 510 W 42nd St, Manhattan, NYC
Transportation Options:
- Subway: The nearest subway station is the Port Authority-42 St (A, C, E, N, R, W, 1, 2, 3, 7, S trains). Additionally, Times Sq-42 St (N, Q, R, W, S, 1, 2, 3, 7 trains) is nearby.
- Bus: Bus stops at W 42nd St & 10th Ave and W 42 St/10 Av are within walking distance.
Cross Streets: 10th Avenue and 9th Avenue.
- Arup leased 12,701 SF at 155 Sixth Ave
- Greenwich Village High School leased 12,000 SF at 30 Vandam St
- Graphics Executions Inc leased 11,082 SF at 333 Hudson St
- Postworks New York leased 11,000 SF at 100 Avenue of the Americas
- M5 Showroom leased 10,842 SF at 174 Hudson St
- Moleskine America leased 8,337 SF at 210 11th Avenue
- Common Cause/NY leased 3,800 SF at 155 Avenue of the Americas
- Publicis Groupe leased 960,000 SF at 375 Hudson Street
- Pfizer leased 800,000 SF at 66 Hudson Boulevard
- 1199 National Benefit and Pension Funds leased 455,461 SF at 330 West 42nd Street
Nearby Retail Tenants Leased
- Maserati of Manhattan leased 25,000 SF at 619 West 54th St
- New York Sports Clubs leased 22,206 SF at 225 Varick St
- Trader Joe's leased 19,000 SF at 233 Spring Street
- Bank of America leased 14,137 SF at 60 East 42nd St
- Brooklyn Fare leased 14,000 SF at 666 Greenwich Street
- Troy Halterman leased 12,000 SF at 200 Hudson St
- Cadence Cycling & Multisport Centers leased 11,000 SF at 174 Hudson St
- Film Forum leased 10,500 SF at 200 Varick Street
- Club Nebula leased 10,000 SF at 135 West 41st Street
- Blood Manor leased 9,000 SF at 163 Varick St
- Arup leased 12,701 SF at 155 Sixth Ave
- Greenwich Village High School leased 12,000 SF at 30 Vandam St
- Graphics Executions Inc leased 11,082 SF at 333 Hudson St
- Postworks New York leased 11,000 SF at 100 Avenue of the Americas
- M5 Showroom leased 10,842 SF at 174 Hudson St
- Moleskine America leased 8,337 SF at 210 11th Avenue
- Common Cause/NY leased 3,800 SF at 155 Avenue of the Americas
- Publicis Groupe leased 960,000 SF at 375 Hudson Street
- Pfizer leased 800,000 SF at 66 Hudson Boulevard
- 1199 National Benefit and Pension Funds leased 455,461 SF at 330 West 42nd Street
- Maserati of Manhattan leased 25,000 SF at 619 West 54th St
- New York Sports Clubs leased 22,206 SF at 225 Varick St
- Trader Joe's leased 19,000 SF at 233 Spring Street
- Bank of America leased 14,137 SF at 60 East 42nd St
- Brooklyn Fare leased 14,000 SF at 666 Greenwich Street
- Troy Halterman leased 12,000 SF at 200 Hudson St
- Cadence Cycling & Multisport Centers leased 11,000 SF at 174 Hudson St
- Film Forum leased 10,500 SF at 200 Varick Street
- Club Nebula leased 10,000 SF at 135 West 41st Street
- Blood Manor leased 9,000 SF at 163 Varick St
Vaultus Professional Service Testimonial
To whom it may concern:
I have had the opportunity to work with "Optimal Spaces" (specifically, Stephen Sunderland) over the last 18 months. Steve was hired to find a reasonably priced lease for corporate office space that would support our highly professional environment. I considered this to be a significant challenge since Manhattan was experiencing a severe shortage in available professional spaces. Honestly, I was expecting to be "sold" a space that would not meet all of our needs. However, in a short period of time, Stephen found a tower-floor space that exceeded my expectations and that was approximately 25% below the current market rates for comparable space.
The most important aspect of working with Stephen is the level to which I can trust him to act in my best interest. I believe that Stephen possesses extensive knowledge of the real estate market and negotiation, is responsive, and performs his work in a highly professional manner. I am impressed by Stephen's sincere desire to understand his clients' needs. It is clear to me that Stephen is most interested in building mutually beneficial business relationships with his clients -- not the commissions they represent.
I am happy to recommend "Optimal Spaces" to other growing businesses, and I look forward to working with "Optimal Spaces" again. Sincerely,
Joseph J. Tutrone
Vice President
Vaultus Professional Service
Why Optimal Spaces –
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